ServiceNow, Inc.

Filing receipts

“Stock-based Compensation 35 Table of Contents Three Months Ended March 31, % Change 2026 2025 (dollars in millions) Cost of revenues: Subscription $ 84 $ 68 24 % Professional services and other 12 11 9 % Operating expenses: Sales and marketing 150 148 1 % Research and development 236 185 28 % General and administrative 76 58 31 % Total stock-based compensation $ 558 $ 470 19 % Percentage of revenues 15% 15% Stock-based compensation increased by $88 million for the three months ended March 31, 2026 compared to the three months ended March 31, 2025, primarily due to additional grants to current and new employees and stock-based awards granted in connection with acquisitions.”

“Other Income (Expense), net Three Months Ended March 31, % Change 2026 2025 (dollars in millions) Interest expense $ (6) $ (6) — % Other 88 (5) NM Other income (expense), net $ 82 $ (11) NM Percentage of revenues 2% —% NM - Not meaningful Other income (expense), net increased by $93 million for the three months ended March 31, 2026 compared to the three months ended March 31, 2025, primarily driven by unrealized gains on strategic investments.”

“Sales and Marketing Three Months Ended March 31, % Change 2026 2025 (dollars in millions) Sales and marketing $ 1,216 $ 1,054 15 % Percentage of revenues 32% 34% Sales and marketing expenses increased by $162 million for the three months ended March 31, 2026 compared to the three months ended March 31, 2025, primarily due to increased headcount resulting in an increase in personnel-related costs including stock-based compensation and overhead expenses of $73 million for the three months ended March 31, 2026 compared to the three months ended March 31, 2025.”